The CCAR Analyst will be responsible for preparing the Comprehensive Capital Analysis and Review (CCAR) schedules. CCAR is a process completed by the Federal Reserve to ensure institutions have robust, forward-looking capital planning processes that account for unique risks and sufficient capital to continue operations throughout times of economic and financial stress. 

 

This Analyst will work on the production of CCAR FR Y-14Q reports and support streamlining initiatives to achieve greater standardization, consistency, and sustainability.  This position will work closely with the Supervisor, ensuring CCAR processes are produced timely, accurately and are complete.  The position has responsibility for CCAR related processes being compliant with current regulations, supported by documentation standards and with effective preventive and detective controls. The position will liaise with the Global Regulatory Reporting, Country/Product Controllers, Businesses and Technology.

 

This position has responsibility for the preparation, reconciliation and review of financial (i.e. actual) CCAR schedules; the process includes review of control points, support change management, and support the implementation of straight through processing, combined with legacy processes. The production framework has embedded controls to ensure data is reconciled and properly mapped to according to CCAR requirements.  The supervision will escalate issues and discrepancies noted in the production process for root cause remediation. 

 

Description/Duties:

• Quarterly and annual preparation of FR Y-14Q and 14A; establish effective working relationships with CCAR Supervisor, CCAR Sr. Manager and Sr. Analyst.

• Strong interpersonal skills and ability to work with multiple functions (Global Regulatory Reporting, Finance, Risk, Operations Technology).

• Produce analytics for variance and root cause on data feeds, product and processes, and maintain and enhance related operational and analytical procedures.

• Perform key controls, with proper documentation, and facilitate MCA testing; identify opportunity to optimize processes.

• Responsible for the reconciliation among different reports, including Pearl, FR Y-9c, and /or other Capital adequacy reports.

• Effective communication: team collaboration, issue resolution with Technology.

 

Qualifications

 

Skills/Qualifications:

Required:

• Bachelor's Degree and 2+ years in accounting or related industry experience.

• Advanced Microsoft Excel Skills required.

• Excellent analytical background and skill set to understand CCAR/Basel processes, including system data flows.

• Able to work with large volumes of data from different sources.

• Self-motivated with ability to make decisions and maintain a controlled environment.

• Ability to multi-task, be proactive and goal-oriented.

• Strong interpersonal/communication skills (oral and written) and confidence to work with different levels of management.

Preferred but not required:

• Masters in Accounting or Economics; Certified Public Accountant or International Equivalent; Certified Financial Analyst.

• Previous experience with SQL and/or SAS preferred.

• Previous exposure to CCAR, Basel or Country Risk.

• Previous banking products experience or exposure.

• Previous Exposure to global processes and teamwork across various locations and cultures.

Technical Skills

• Familiarity with process flow mappings

• Knowledge of accounting and financial/regulatory reporting

• Ability to grasp and master new concepts/requirements and related product/functional knowledge

• Working knowledge of RegInsight, Pearl, Ruby, GL platforms and other data warehouses (desired)

 

 Behavioral Skills

• Strong organizational and planning skills to manage a large number of requests.

• Attention to detail with a high degree of control and emphasis towards quality.

• Excellent verbal and written communication skills and ability to facilitate discussions.

• Ability to work independently and take ownership of various parts of a project or initiative.

• High caliber team player with good judgment, flexibility and productivity.

• Quick learner, customer focused with ability to multi-task and work in a fast paced changing environment.

• Forward looking with ability to mitigate and overcome any challenging roadblocks.  Must have “can do” attitude.

• Ability to work well under pressure and manage to tight deadlines or unexpected changes in expectations or requirements.

• Strong relationship and teamwork skills with hands–on approach.

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

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Primary Location:

Tampa Florida United States

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Primary Location Full Time Salary Range:

$62,620.00 - $87,380.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Sep 04, 2024

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

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